Hong Kong SFC’s Interim Head of Enforcement

The Securities and Futures Commission (SFC) has appointed Ms Maureen Garrett, Deputy Chief Counsel of the SFC, as Interim Head of Enforcement.

She will oversee the Enforcement Division pending the completion of a global recruitment exercise to replace Mr Mark Steward who will leave the SFC to take up a similar position with the UK’s Financial Conduct Authority.

Ms Garrett joined the Legal Services Division of the SFC in 1999. She has deep experience leading the SFC’s enforcement litigation work in Hong Kong’s courts and tribunals and in that capacity has worked closely with the Enforcement Division over many years.

Mr Ashley Alder, the SFC’s Chief Executive Officer, said: “Maureen’s interim appointment will ensure that our enforcement work will continue to operate at full strength pending the appointment of a permanent replacement for Mark.”